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Troy, MI Insightsas of Oct 2026
Population size
87 K People
Age distribution
Median age 42.2 years
Household size
2.6 People
Median household income
$119,299 USD
Dominant industries
Professional services sector
Cost of living index
120 index
Retail sales per capita
$12,500 USD
Disposable income
85,000 USD
Existing retail mix
Luxury and mid-tier mix
Number of competitors
50+ stores
Market saturation
High level
Presence of anchor tenants
Yes presence
Foot traffic from nearby businesses
High level
Rent costs
$25 USD per sq ft
Property values
450,000 USD
Zoning laws
B-1 to B-3 districts
Business permits
Available status
Availability of retail space
Moderate level
Proximity to major roads
Direct access access
Public transportation access
Limited access
Parking availability
Ample availability
Pedestrian traffic
Low level
Vehicle traffic
High level
Public transport accessibility
Moderate score
Commute times
25 minutes
Work patterns
Office-based pattern
Shopping preferences
Luxury malls preference
Brand affinity
High-end brands affinity
Consumer loyalty
High level
Entertainment and leisure trends
Dining and shopping trends
Crime statistics
Low level
Shoplifting rates
Increasing trend
Public safety measures
Retail liaison measures
Tourist spending
500 million USD
Tourist footfall
5 million
Major local events
Holiday markets events
Seasonal attractions
Somerset holiday displays attractions
Total retail space
520,257 sqm
Retail space per capita
6 sqm
Retail leakage rate
Low rate
Sustainable retail demand
High demand
Major upcoming retail projects
None major projects
Consumer spending patterns
Luxury focused patterns
Grocery expenditure trends
Stable trends
Luxury retail performance
Strong performance
Top mall shopping preferences
Somerset Collection preferences
Key drivers for mall visits
Brands and dining drivers
Preferred brand categories
High preference
Preferred brand categories
Low preference
Number of existing malls
1 major malls
Total retail footfall
10 million
Retail market gaps
Experiential retail gaps
Trade area population
1,200,000 people
Retail potential in catchment area
High potential
Preferred mall layouts
Enclosed luxury layouts
Public transport access
Bus routes access
Walkability score
40 score
Road infrastructure & car access
Excellent infrastructure
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed-use use
Retail Destinations in Troy, MI
Browse 1 retail destination in Troy, MI, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Troy, MI at a Glance
- Total Properties1
- CountryUnited States

